Wage gains of 4% would pave way for BOJ rate hike, ex-official says
[ad_1] The Bank of Japan is likely to be encouraged by stronger annual wage negotiation results that will pave the way for the end of its negative interest rate by this spring, according to a former BOJ executive director in charge of monetary policy."There’s a good chance the outcome of spring wage talks will be higher than last year, reaching 4%,” Eiji Maeda, the former director, said in an interview. […]